Axis Bank shares rise nearly 4% after strong Q3 results
after close1 source ↓written by the desknot a recommendation
- to ₹1
- 3.86%
- in net profit
- 3% YoY increase
- for Q3 FY26
- ₹6,489.6 cr
- in net interest
- 5% growth
- also exceeded expectations
- ₹14,286.4 cr
Shares of Axis Bank rose 3.86% to ₹1,306.6 following a 3% YoY increase in net profit to ₹6,489.6 cr for Q3 FY26, surpassing estimates. The 5% growth in net interest income to ₹14,286.4 cr also exceeded expectations, prompting bullish brokerage outlooks on the stock's earnings visibility and asset quality. This performance positions Axis Bank favorably against the Nifty 50's 9.7% gain over the past year.
Not investment advice. For informational purposes only.